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Nov 29, 2012
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even among senate democrats, there are deep divisns over whether to include cuts to medicare or medicaid. intel not reform, should it be part of the fiscal cliff talks? here is what some of you are tweeting me. if there is not entitlement reform and we are not backing away from the cliff, we are really doing the tango dane along theedge. randy degrees. you have to curb them to bring in spending. here isrobert. without it talkare a waste of time, probably a wate anyway. ask the question. 91 percent of you said yes. 9 percent said no. surprising. here are your e-mails. says this country is so divided maybe it'' time to reinssate the mason-dixon line, get everyone five years to move to whatever side they believe that. i think they're on both sides. liberals and conservatives. ronnie from florida says to my two presidents in my lifetime had bad economies going into their terms and up to the same thing at work but ties. john f. kennedy and ronald reagan. control spending and cut all taxes. it does not take an economics degree a figure that out. finally, carol from california. we want the hous
even among senate democrats, there are deep divisns over whether to include cuts to medicare or medicaid. intel not reform, should it be part of the fiscal cliff talks? here is what some of you are tweeting me. if there is not entitlement reform and we are not backing away from the cliff, we are really doing the tango dane along theedge. randy degrees. you have to curb them to bring in spending. here isrobert. without it talkare a waste of time, probably a wate anyway. ask the question. 91...
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Nov 30, 2012
11/12
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of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. and social security strong for generations to come. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. ♪ >>> mike sigh tyson in a hilarious scene. you have good acting, mike. >> thank you. thank you. >> you're not in the third one. >> i'm just very grateful that i'm in the first and second one. >> they can't cut you out. >> i'm just grateful that they let me be in the movie. >> i
of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. and social security strong for generations to come. why they have a raise your rate cd. tonight our...
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Nov 29, 2012
11/12
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medicare is another story. medicare has 12 years of life left and let me make a point of saying it has eight of those years because of president obama's leadership. >> brown: white house officials said the president will send treasury secretary timothy geithner and legislative chief rob nabors to the capitol tomorrow, to meet with congressional leaders. >> warner: online, we have a primer explaining how the fiscal cliff might affect you. still, to come on the "newshour": debating palestinian status at the u.n.; reading the fine print; tackling immigration reform and re-purposing digital data gathered during the campaign. but first, the other news of the day. here's hari sreenivasan. >> sreenivasan: wall street tracked the ups and downs of the fiscal cliff drama in washington today. at one point, the dow jones industrial average was off more than 100 points. but stocks made up the ground after the president's talk of a deal by christmas. the dow ended with a gain of nearly 107 points to close at 12,985. the nasd
medicare is another story. medicare has 12 years of life left and let me make a point of saying it has eight of those years because of president obama's leadership. >> brown: white house officials said the president will send treasury secretary timothy geithner and legislative chief rob nabors to the capitol tomorrow, to meet with congressional leaders. >> warner: online, we have a primer explaining how the fiscal cliff might affect you. still, to come on the "newshour":...
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Dec 1, 2012
12/12
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the tidal waves comingalt us is social security and medicare and of course, the new health care law of the presidents which is unaffordable and unworkable. >> nancy peel peel calling on speaker boehner to bring it to the floor or she will launch a move to force a vote. boehner is not likely to buckle and pelosi's maneuvering will not do much either. speaker boehner said we are at a stalemate. pat buchanan is joining us in the studio. >> thank you. >> i am glad to have you here. do you think that the president wants to have any real negotiation or is it a show to say if republicans stand up to him, he can accuse them of holding up the process, blame them for high taxes and then he continues on with his legacy. >> i think what the president believes he has a whip hand and he won seats in the house and senate and he can dictate to the republican party. i think what we saw uma, yesterday a act of real contempt to the republicans and the offer that was made. 1.6 trillion in new taxs and 50 billion in stimulus spending the and the republicans made a semifatal error. they indicated we'll give
the tidal waves comingalt us is social security and medicare and of course, the new health care law of the presidents which is unaffordable and unworkable. >> nancy peel peel calling on speaker boehner to bring it to the floor or she will launch a move to force a vote. boehner is not likely to buckle and pelosi's maneuvering will not do much either. speaker boehner said we are at a stalemate. pat buchanan is joining us in the studio. >> thank you. >> i am glad to have you...
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Dec 5, 2012
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why do you have to kick people out of medicare? and their answer is, if they were honest, to protect the billionaires and the millionaires, because that's what it's about. we know it. it's a fact in evidence. i've got to say we owe more to the american people. we need to find a way back to the fiscal responsibility and the economic growth that we had when bill clinton was president. i served with five presidents already. it's amazing, in my time in the congress. and i have seen people come together at crisis moments when social security needed to be strengthened, when medicare needed to be strengthened, when we had deficits as far as the eye could see and we would have to resolve it. i have seen all that happen. and i will say we have got 27 days left to see something good happen on this fiscal cliff. you know, when people tell you oh, it's very complicated, don't believe it. don't believe it. it's not complicated. there are several parts to this fiscal cliff. the biggest one is that the bush-era tax cuts are expiring on 100% of th
why do you have to kick people out of medicare? and their answer is, if they were honest, to protect the billionaires and the millionaires, because that's what it's about. we know it. it's a fact in evidence. i've got to say we owe more to the american people. we need to find a way back to the fiscal responsibility and the economic growth that we had when bill clinton was president. i served with five presidents already. it's amazing, in my time in the congress. and i have seen people come...
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Nov 30, 2012
11/12
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CNBC
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it's a fair concern on the medicare thing. >> also doubling down when you include the deductibility. why not go to where the speaker was? he said he was for revenue. why not take the speaker up on that? >> paul ryan's offer. this on one i'm. paul ryan's budget, passed by all the republicans, incurred trillions in debt because he kept taxes, he assumed it would stay at 19% of gdp and did nothing on the tax side at all. he was considered an intellectual hero. that's a joke. you know, this is the other side of the same thing. >> paul ryan is a good man. >> you need a paul ryan on your team. that's why i want you to go back -- you were very good. >> he's not a fiscal conservative. >> i am. >> god bless you. >> the best thing they do in proposal is try to kill the debt limit. we're the only country except for denmark. you can't have a debt limit being used to hold washington hostage anymore. >> that just takes more discipline away. catherine, i appeal to your libertarian free market instincts. >> okay. >> are these gentlemen -- they're all very well-meaning here. we have a conservative. a
it's a fair concern on the medicare thing. >> also doubling down when you include the deductibility. why not go to where the speaker was? he said he was for revenue. why not take the speaker up on that? >> paul ryan's offer. this on one i'm. paul ryan's budget, passed by all the republicans, incurred trillions in debt because he kept taxes, he assumed it would stay at 19% of gdp and did nothing on the tax side at all. he was considered an intellectual hero. that's a joke. you know,...
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so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. ♪ >>> i'm disappointed in where we are and disappointed in what's happened over the last couple of weeks. but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the
so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your...
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like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call today. remember, all medicare supplement plans help cover some of what medicare doesn't pay -- expenses that could really add up. these kinds of plans could save you in out-of-pocket medical costs. you'll be able to choose any doctor w
like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of...
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Dec 4, 2012
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let's keep medicare... and social security strong for generations to come. >>> it is my privilege to present our nation's highest military decoration, the medal of honor, to a soldier as humble as he is heroic, staff sergeant salvatore a.guinta. i'm going to go off script here for a second and just say i really like this guy. >> takes a lot to impress a president of the united states but the staff sergeant is an impressive guy. first living service member to be awarded the medal of honor since the vietnam war. that must have been a pretty amazing moment. you're standing there on the podium with the president of the united states and he goes off script to say what a great guy you are. >> standing on the stage looking out at the buddies i served in combat with, all the brass in the military, two families that had lost their sons that night that i was being awarded this medal for, it was very bittersweet. but to hear the president saying nice words about me, i'm not going to say that wasn't awesome. >> the interesting thing when i read your book, when you first heard about the medal of
let's keep medicare... and social security strong for generations to come. >>> it is my privilege to present our nation's highest military decoration, the medal of honor, to a soldier as humble as he is heroic, staff sergeant salvatore a.guinta. i'm going to go off script here for a second and just say i really like this guy. >> takes a lot to impress a president of the united states but the staff sergeant is an impressive guy. first living service member to be awarded the medal...
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Dec 4, 2012
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but led's look at the medicare argument. if you're a single man born in 1945, that means you're approaching 70, on medicare. if you made about $20,000 a year during your career, that was your average, then in medicare taxes, you paid about $18,000, roughly $18,000 to $20,000 in taxes. if you made about $110,000 a year in your career, you paid about $88,000 to the government in medicare taxes. that's what you paid in. a lot of conservatives are saying you need to change the program. this is one of the reasons why. this is what you get out. if you paid $18,000, you're getting ten times out over the course of your lifetime in benefits. you paid about $88,000 in, you're getting a 2-1 deal, more than $200,000 in benefits. so conservatives and republicans say we've got to change this program somehow. we have to take some money out of medicare, reduce the costs. here's one of the reasons that's essential. if you look through the '70s, '80s, '90s, even up to now, the green is the revenue, the red line is the cost. roughly the money
but led's look at the medicare argument. if you're a single man born in 1945, that means you're approaching 70, on medicare. if you made about $20,000 a year during your career, that was your average, then in medicare taxes, you paid about $18,000, roughly $18,000 to $20,000 in taxes. if you made about $110,000 a year in your career, you paid about $88,000 to the government in medicare taxes. that's what you paid in. a lot of conservatives are saying you need to change the program. this is one...
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Dec 7, 2012
12/12
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medicare and child health insurance, $16,500 a year, section 8 subsidized low income rent, another 4300. earned income tax credits, modestly $5,000. they could rise significantly beyond that. but at any rate they would total so much money combined with the national school lunch program, the needy family assistance programs, we're talking about more take home pay, disposable income for that woman with her two children on public assistance than a woman with two children earning $57,000 a year. it's extraordinary. >> bill: all right. and if she were earning 69 wouldn't get any of that. so that the pennsylvania authority say the system is set up now to reward people who aren't making any money. and if you try to bring yourself up and raise yourself up in salary, you are actually going to have a lower standard of living because you lose some of these benefits. that's the game right now. >> it's the game. it is also the challenge. and, again, you know, i congratulate the department of public welfare in pennsylvania because they are trying to avoid that collision. because it doesn't matter in
medicare and child health insurance, $16,500 a year, section 8 subsidized low income rent, another 4300. earned income tax credits, modestly $5,000. they could rise significantly beyond that. but at any rate they would total so much money combined with the national school lunch program, the needy family assistance programs, we're talking about more take home pay, disposable income for that woman with her two children on public assistance than a woman with two children earning $57,000 a year....
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the plan would also raise the future eligibility age for medicare and alter medicaid to save another $600 billion. the republican plan would not increase tax rates for the wealthy. the president is campaigning for his plan, taking questions on twitter today, and releasing this new web video. >> under my plan, first of all, 98% of folks who make less than $250,000, you wouldn't see your income taxes go up a single dime. all right? because you're the ones who need relief. >> ifill: treasury secretary timothy geithner met with congressional leaders last week and pressed the administration's case in a series of talk show appearances this weekend. >> rates are going to have to go up on the wealthiest americans. those rates are going to have to go up. >> there's no possibility that we're going to find a way to get our fiscal house in order without those tax rates going back up. >> there's no path to an agreement that does not involve republicans acknowledging that rates have to go up for the wealthiest americans. >> ifill: but boehner, also on a sunday talk show appearance pushed back. >>
the plan would also raise the future eligibility age for medicare and alter medicaid to save another $600 billion. the republican plan would not increase tax rates for the wealthy. the president is campaigning for his plan, taking questions on twitter today, and releasing this new web video. >> under my plan, first of all, 98% of folks who make less than $250,000, you wouldn't see your income taxes go up a single dime. all right? because you're the ones who need relief. >> ifill:...
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Nov 30, 2012
11/12
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when they say entitlements, entitlements is medicare and medicaid. what do you want to do about medicare and medicaid? put it on the table, let us know. let the american people know. then we can ultimately come to a conclusion and maybe have that celebration you're looking for, piers. >> senator menendez, good to talk to you. thank you very much. >> thank you. >>> when we come back, i talk to leaders on both sides of the palestinian debate. do they think today's vote threatens the peace process? aveeno has an oat formula, now proven to build a moisture reserve, so skin can replenish itself. that's healthy skin for life. only from aveeno. as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios ...but you still have to go to the gym. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought abo
when they say entitlements, entitlements is medicare and medicaid. what do you want to do about medicare and medicaid? put it on the table, let us know. let the american people know. then we can ultimately come to a conclusion and maybe have that celebration you're looking for, piers. >> senator menendez, good to talk to you. thank you very much. >> thank you. >>> when we come back, i talk to leaders on both sides of the palestinian debate. do they think today's vote...
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77% say social security. 80% say medicare. that shows you how tough it is to stake out a position on entitlement reform. republicans are saying the white house and congressional democrats are overreaching here. but the fact is they're coming from an inferior bargaining position and they are trying to get everything they can in the next few weeks. >> thank you. >>> it is 8 minutes past the hour, the rain and flooding are relentless in california. three storms in less than a week and at least one death attributed to those storms. more rain is expected today. rob marciano is following it all from the cnn weather center in atlanta. a lot of rain headed their direction? >> yes. not as much as last week, but the ground is already sat ratur. napa valley has been getting hit hard. the russian river up and over flood banks. now they will ease back into the riverbeds, but with additional rainfall today, it may go back into flood stage there. there is the latest video showing a couple glimmers of sunshine, that was short-lived yesterday.
77% say social security. 80% say medicare. that shows you how tough it is to stake out a position on entitlement reform. republicans are saying the white house and congressional democrats are overreaching here. but the fact is they're coming from an inferior bargaining position and they are trying to get everything they can in the next few weeks. >> thank you. >>> it is 8 minutes past the hour, the rain and flooding are relentless in california. three storms in less than a week...
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Dec 7, 2012
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like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. and she was looking for a laptop at best buy. let's see if walmart has a similar laptop for less. let's go. dell 14" ultrabook. over $250 less than best b
like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and...
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like all standardized medicare supplement plans, it helps cover some of what medicare doesn't pay. to find out more, call today. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which may include changes in body hair or a large increase in acne,
like all standardized medicare supplement plans, it helps cover some of what medicare doesn't pay. to find out more, call today. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with...
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and become the first and only national medicare advantage company tochieve a 5-star rating for a medicare plan... your efforts result in the quality of care and servic we're able to provide... which means better health h outcomes... and more quality time to share wi the ones who matter most. i love you, grandma! [ male announcer ]umana. ♪ stuart: f you have ever sent a text message that you wanted to immediately take back, that you wished would just disappear, listen to this. law enforcement is calling on congress to force the wireless companies to store those text messages for two years, in case police need them when investigating a crime. that's new at 10:00. and the judge, judgg napolitano will -- [laughter] stuart: but the big story this hour is john boehner's counteroffer to the president, immediately dismissed by the way. it includes 800 billion dollars in tax revenue, not from higher tax rates. that is the sticking point. president obama wants those tax rates raised. john boehner, he wants fewer deductions, limits on deductions. that's the status quo right now of the discussion t
and become the first and only national medicare advantage company tochieve a 5-star rating for a medicare plan... your efforts result in the quality of care and servic we're able to provide... which means better health h outcomes... and more quality time to share wi the ones who matter most. i love you, grandma! [ male announcer ]umana. ♪ stuart: f you have ever sent a text message that you wanted to immediately take back, that you wished would just disappear, listen to this. law enforcement...
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Nov 30, 2012
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when they say entitlements, entitlements is medicare and medicaid. what do you want to do about medicare and medicaid? put it on the table, let us know. let the american people know. then we can ultimately come to a conclusion and maybe have that celebration you're looking for, piers. >> senator menendez, good to talk to you. thank you very much. >> thank you. >>> when we come back, i talk to leaders on both sides of the palestinian debate. do they think today's vote threatens the peace process? my doctor told me calcium is efficiently absorbed in small continuous amounts. citracal slow release continuously releases calcium plus d with efficient absorption in one daily dose. citracal slow release. without freshly-made pasta. you could also cut corners by making it without 100% real cheddar cheese. but then...it wouldn't be stouffer's mac & cheese. just one of over 70 satisfying recipes for one from stouffer's. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on g
when they say entitlements, entitlements is medicare and medicaid. what do you want to do about medicare and medicaid? put it on the table, let us know. let the american people know. then we can ultimately come to a conclusion and maybe have that celebration you're looking for, piers. >> senator menendez, good to talk to you. thank you very much. >> thank you. >>> when we come back, i talk to leaders on both sides of the palestinian debate. do they think today's vote...
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medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male annnnounc ]umana. ♪ >> talked a lot about baby names today. and it is fun picking a name but you have to actually raise the child. that is the hard part. >> that was it. fun is over. you pick the name. the fun is gone. it was all over. >> you have three children. tracy: they have to live up to the name. that is tough. i don't know how you live up to apple. [all talking at once] tracy: i bet he can flip the c. there you go. >> on that note, take it away, guys. tracy and dennis. tracy: good afternoon. i am tracy byrnes. >> i'm dennis kneale. no progress on the fiscal cliff and no plans to even talk about it. when will the white house and congress get serious about making a deal? tracy: on december 31st. dennis: the president is taking to twitter. we'll the latest all hour. tracy:
medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male annnnounc ]umana. ♪ >> talked a lot about baby names today. and it is fun picking a name but you have to actually raise the child. that is the hard part. >> that was it. fun is over. you pick the name. the fun is gone. it was all over. >> you have three...
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if you're medicare eligible, call now... and talk to unitedhealthcare about our plans, like aarp medicarecomplete. let's get you on the right path. call today. ♪ ♪ "fox and friends". >> brian: it was confirmed that prince william and kate middleton are expecting their first baby. [applause] you can tell the baby is a member of the royal family. kate can already feel it waving. >> steve: meanwhile kate middleton is waking up in the hospital after suffering from severe morning sickness. that is the hospital right there. prince william was there @ the hospital and expected back. >> brian: is that a royal ramp or a ramp everyone can use. >> gretchen: good thing we are not showing her morning sicker. hipper nemesis gravaderam. it is rare but acute morning sick not like the kind most of us get when you have had a baby. >> gretchen: it is bad. weight loss and here's the clincher it accounts for morning sickness but it could mean that it could be twins. >> steve: it is associated with women having twins. there is a website calle
if you're medicare eligible, call now... and talk to unitedhealthcare about our plans, like aarp medicarecomplete. let's get you on the right path. call today. ♪ ♪ "fox and friends". >> brian: it was confirmed that prince william and kate middleton are expecting their first baby. [applause] you can tell the baby is a member of the royal family. kate can already feel it waving. >> steve: meanwhile kate middleton is waking up in the hospital after suffering from severe...
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democrats also take issue with the proposal's spending cuts to medicare and social security. republican counter that tough cuts are needed to tackle the soaring debt, leaving washington locked in a stalemate, less than a month before every american sees their taxes shoot up. the gridlock has irritated people outside washington, like deborah page of arlington, texas. >> if i was working the way the president and congress was working, i would probably lose my job. >> reporter: page started a petition that would cease paychecks and health benefits for all members of congress and president obama if they can't avoid the fiscal cliff. the petition's chances are slim. but it's a reflection of americans' frustration with 28 days left. rob and paula? >> tahman bradley live in washington today. thank you, tahman. >>> and as talks over the fiscal cliff drag on, a new poll finds that most americans do not think very highly of congress. one in ten americans rate the honesty and ethical standards of its members as very high or high. this puts the law making body, second-lowest on the list
democrats also take issue with the proposal's spending cuts to medicare and social security. republican counter that tough cuts are needed to tackle the soaring debt, leaving washington locked in a stalemate, less than a month before every american sees their taxes shoot up. the gridlock has irritated people outside washington, like deborah page of arlington, texas. >> if i was working the way the president and congress was working, i would probably lose my job. >> reporter: page...
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republicans also want to raise the eligibility age for medicare. the white house does not. there are other differences. nothing matters more to the white house than breaking gop resistance to higher taxes on the wealthy. >> the president certainly has principles here that he intends to stick to which is that he will not sign an extension of the bush era tax cuts for the top 2%. >> erskine bowles said as big as the divide appears, despair is premature. >> that is just like a movie theater you go through each one of these. to get a deal done i am positive you will have to have increased tax rates on the top 2%. i'm also sure that the cuts that the president put on the table for health care entitlements will not be sufficient to get the deal done. >> reporter: republicans said many of their ideas reflected ideas put forward first by erskine bowles, but mr. bowles quickly put out a statement denying that, giving the white house an opportunity to gloat and question the republican seriousness in all of this. here at the white house, the president will meet with half a dozen gover
republicans also want to raise the eligibility age for medicare. the white house does not. there are other differences. nothing matters more to the white house than breaking gop resistance to higher taxes on the wealthy. >> the president certainly has principles here that he intends to stick to which is that he will not sign an extension of the bush era tax cuts for the top 2%. >> erskine bowles said as big as the divide appears, despair is premature. >> that is just like a...
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it also tackles entitlement raising the medicare eligibility age and reducing social security benefits. those are nonstarters for the president and other democrats who are facing a lot of pressure from unions and other groups to leaf those programs untouched. >>> we should fix it. that should be a separate track conversation. it should not be raiding social security to deal with the deficit. >> responding to questions on quitter there isn't enough spending on the deal. republicans say he needs to assess the costly programs need to be restructured. >> what i want is to get the country out of debt in a permanent way. the dig problem with us becoming greedy is not the revenue it's not the tax codes it's entitlement. >> what the plan daoes not do i raise tax rates on the wealthy. it has to be any part of any deal that he will accept. >>> back to you. >> thank you. it is time for your first degree weather. maria molina is live with the forecast for today. we are looking at yet again another day with well above average temperatures across portions of the midwest in the 60s across texas, fmem
it also tackles entitlement raising the medicare eligibility age and reducing social security benefits. those are nonstarters for the president and other democrats who are facing a lot of pressure from unions and other groups to leaf those programs untouched. >>> we should fix it. that should be a separate track conversation. it should not be raiding social security to deal with the deficit. >> responding to questions on quitter there isn't enough spending on the deal....
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let's keep medicare... and social security strong for generations to come. what makes me feel truly decadent? [announcer:] new revlon colorstay whipped crème makeup. its unique formula flexes with skin for a flawless finish. the feel of nothing but silk on my skin. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. citi price rewind. she doesn't even though our really get us. and she'll never know who we are, or what... no way, madden girls?? nike! who's your mommy now? famous brands. famously easy. famous footwear. victory is yours. ♪ >>> the news of a royal pregnancy is like a gift from heaven for britain's tabloids. as ben tracy reports, there
let's keep medicare... and social security strong for generations to come. what makes me feel truly decadent? [announcer:] new revlon colorstay whipped crème makeup. its unique formula flexes with skin for a flawless finish. the feel of nothing but silk on my skin. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one,...
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about half coming from higher rates for the wealthy. 600 billion in cuts to domestic programs like medicare. and 50 billion in new infrastructure spending. when treasury secretary tim geithner went to the capitol and laid out the plan for a senate republican leading mitch mcconnell, aides on both sides said mcconnell burst out in laughter. with talks now entering the final month, house republicans offer add more somber assessment. >> we're not interested in playing rope a dope. >> it was not a serious proposal. and so right now we're almost nowhere. >> reporter: so alex the clock is ticking. the president's public campaign trying to pressure john boehner, eric cantor and their charges in their house republican conference continues. he meets with governors this week here at the white house to talk about this time and more meetings with ceos, this is in the form of the business round table, a business lobbying group. >> being almost nowhere right now with just a month to go. yikes. we'll be talking about it again, mike. thank you. >>> now number three of our first five web stories in a move u
about half coming from higher rates for the wealthy. 600 billion in cuts to domestic programs like medicare. and 50 billion in new infrastructure spending. when treasury secretary tim geithner went to the capitol and laid out the plan for a senate republican leading mitch mcconnell, aides on both sides said mcconnell burst out in laughter. with talks now entering the final month, house republicans offer add more somber assessment. >> we're not interested in playing rope a dope. >>...
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we understand much of that comes from medicare, things that we've heard from republicans over and over like raising the eligibility age, means testing, things like that. so then we have about $600 billion in essentially spending cuts, half from mandatory spending, half from discretionary spending. this is the other very interesting thing that's new. $200 billion from revising the consumer price index. that sounds very technical. but it has very real world consequences because it very much could affect the money, the checks that social security recipients in particular get every single month because it effectively changes inflation so it changes the formula from what they would get. >> significant differences between the white house proposal on this part of the equation as well as on the tax equation. the politics behind this latest republican counterproposal, are they just going through the motions of having their opening bargaining positions knowing that both sides are going to have to make concessions. >> reporter: the answer to that is yes. everybody knows that everybody is going to
we understand much of that comes from medicare, things that we've heard from republicans over and over like raising the eligibility age, means testing, things like that. so then we have about $600 billion in essentially spending cuts, half from mandatory spending, half from discretionary spending. this is the other very interesting thing that's new. $200 billion from revising the consumer price index. that sounds very technical. but it has very real world consequences because it very much could...
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of pieces of legislation not only before the election but after the election cutting the growth of medicare spending by $400 billion, providing major cuts in domestic discretionary, nondefense major defense discretionary but here, i have a test. grover norquist and i can argue this all evening, but if the republicans really have the courage of their convictions with regard to what grover is talking about, it seems to me that john boehner should have no problem releasing a bill allowing congress, allowing republicans, to vote on whether there will be an extension of the bush tax cuts for the bottom 98%. i mean, if in fact grover is right and the president is overstepping, then there's no reason why john boehner should be holding up this bill. grover, let me ask you. will you call john boehner tomorrow morning and say mr. speaker, i think you should release that bill and allow republicans to show whether they are pledged to me or pledged to the united states. >> first of all, let's be serious. you know better than that. the pledge that congressmen and senators, governors, state legislators, t
of pieces of legislation not only before the election but after the election cutting the growth of medicare spending by $400 billion, providing major cuts in domestic discretionary, nondefense major defense discretionary but here, i have a test. grover norquist and i can argue this all evening, but if the republicans really have the courage of their convictions with regard to what grover is talking about, it seems to me that john boehner should have no problem releasing a bill allowing...
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social security and medicare self-funded programs, the democrats are the ones that are the protectors of that. republicans know the only way to get it modified or changed is to have a democratic president begin that process. any time they've ever started with any of their clowns, it has been a disasterrer. they have to start the process. number two is they whine and cry about the deficit. basic civics 101. the president spends no money. the congress approves everything. they're the ones that created it. >> bill: sure. they're the ones who brought us to the fiscal cliff as we were talking yesterday because their super committee failed to do its job and now we have the sequestration hanging over our heads. >> they constantly create a situation, try to blame obama. >> bill: kevin, do you think we dare say look, hold the line and if you don't raise rates on the top 2%, we're not going to make a deal? >> absolutely. hold the line. i'll gladly pay more taxes than to have some rich son of a bitch pay more. >> bill: you and me both. that's all right. i'm willing to do it. i am a patriotic mil
social security and medicare self-funded programs, the democrats are the ones that are the protectors of that. republicans know the only way to get it modified or changed is to have a democratic president begin that process. any time they've ever started with any of their clowns, it has been a disasterrer. they have to start the process. number two is they whine and cry about the deficit. basic civics 101. the president spends no money. the congress approves everything. they're the ones that...
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if we want to truly save medicare and social security, we've got to do something about it. that's what republicans have been proposing all along. we want to solve a problem once and for all. and that's why we haven't waited -- it's interesting that we're just now talking about it. but back in july, we passed legislation that would freeze the rates, deal with sequestration, make the cuts that needed to take place in spend sog we wouldn't be at this dilemma in december at this time. the president was on the campaign trail then. we thought he'd get off the campaign trail now and stop politics and start focusing on policy. >> can i ask you one last one quickly. the original across the board spending cut for sequestration was i believe $1.2 trillion. >> yes. >> in the republican proposal, you all seemed to have $200 billion as some kind of substitute. what's going to happen to the other trillion dollars in spending cuts that people expected? >> well, we believe you take care of it right now for a couple years. we're looking to not just solve this problem overall. we want to have
if we want to truly save medicare and social security, we've got to do something about it. that's what republicans have been proposing all along. we want to solve a problem once and for all. and that's why we haven't waited -- it's interesting that we're just now talking about it. but back in july, we passed legislation that would freeze the rates, deal with sequestration, make the cuts that needed to take place in spend sog we wouldn't be at this dilemma in december at this time. the president...
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the plan called for changes to the so-called entitlement programs, increasing the eligibility age for medicare and lowering the annual cost of living hikes for social security hikes. flu our -- put theirs on the table and dared republicans to do the same. >> they have done that tonight. the officials saying that the counter offer is ridiculous. they are hammering the fact that there is not enough in terms of tax revenue. that there is too much in terms of spending cuts. also limited detail as you noted about those spending cuts. another thing republicans leave out raising the nation's debt ceiling which would be coming due again early next year. jay carney says all of this means it's a nonstarter. take a listen. >> it is entirely unacceptable to it have a repeat performance of what the american people washed with horror in the summer of 2011, which was a willingness by a minority of the overall assemblage of lawmakers on capitol hill to hold the american economy hostage, to threaten default on the american economy. >> the bottom line tonight is that white house officials are telling me unless
the plan called for changes to the so-called entitlement programs, increasing the eligibility age for medicare and lowering the annual cost of living hikes for social security hikes. flu our -- put theirs on the table and dared republicans to do the same. >> they have done that tonight. the officials saying that the counter offer is ridiculous. they are hammering the fact that there is not enough in terms of tax revenue. that there is too much in terms of spending cuts. also limited...
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i heard president obama is making cuts to medicare if his plan goes through. he wants to cut $400 billion in entitlements. i collect ssdi. i am disabled. these $40 billion cuts in entitlements, are they going to affect ssi, ssdi? guest: we do not know what the administration is talking about yet. that offer came from the administration on the hill yesterday. it was not specific. $400 billion is what we are looking at in entitlement savings and we're not sure if it is ssdi or how beneficiaries would be affected. host: children make up a lot of these credits. which of these are affected by the amount of children you have? guest: some of them do matter. the eitc, there was a law that allowed you to climate for more than three children. that could go away by the end of the year. host: the earned income tax credit specifically. mary from kentucky on the republican line. caller: good morning. we are small business owners. with many of these taxes going up and there are proposals in kentucky to raise some of our state taxes because we have deficits and pension obliga
i heard president obama is making cuts to medicare if his plan goes through. he wants to cut $400 billion in entitlements. i collect ssdi. i am disabled. these $40 billion cuts in entitlements, are they going to affect ssi, ssdi? guest: we do not know what the administration is talking about yet. that offer came from the administration on the hill yesterday. it was not specific. $400 billion is what we are looking at in entitlement savings and we're not sure if it is ssdi or how beneficiaries...
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why don't we say the rich get less social security and they pay more for their medicare? it meets the president's animus that we must get more money out of the rich. let's just send less money to the rich. i'm also willing to compromise on military spending. the only thing i'm not willing to compromise is to throw out facts, throw out common sense and say, oh, let's take more money out of the private sector and maybe the economy will do better. it is a really, really bad idea to raise taxes. i think he'll perhaps send us into another recession. >> you may be right, as a reagan supply sider, my heart and head are with you on this. but it doesn't seem you can get a deal that would avoid a big tax hike unless you get whatever cuts you can get plus a revenue increase. what do you think of mr. boehner's idea, cap deductions and get $800 million in revenues? does that make any sense. >> that's a tax increase. it's a bad idea. but i have yet another thought how we could fix this. why don't we let the democrats pass whatever they want. if they are the party of higher taxes, all t
why don't we say the rich get less social security and they pay more for their medicare? it meets the president's animus that we must get more money out of the rich. let's just send less money to the rich. i'm also willing to compromise on military spending. the only thing i'm not willing to compromise is to throw out facts, throw out common sense and say, oh, let's take more money out of the private sector and maybe the economy will do better. it is a really, really bad idea to raise taxes. i...
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shopping for medicare coverage? don't wait. open enrollment ends december 7th. now's the time to take action. call unitedhealthcare today. celebrations after palestinians win a vote at the united nations. it's a vote that gives them a state up grade and is being seen as a possible step towards official statehood. it had been planned before eight days of fighting erupted in gaza. 138 countries voted yes. 41 abstained. only nine voted against the status change. leaving the no votes for israel and the united states. here's palestinian authority president mahmoud abbas at the united nations. >> we did not come here seeking to delegitimize a state established years ago. and that is israel. rather, we came to affirm the legitimacy of a state that must now achieve its independence, and that's palestine. >> we're joined from ramallah in the west bank. what does this u.n. vote mean? some thought it was symbolic, but it seemed to me much more than that. >> absolutely. it's more than a symbol, although the symbolism is very important to us. but the thing is this is a recog
shopping for medicare coverage? don't wait. open enrollment ends december 7th. now's the time to take action. call unitedhealthcare today. celebrations after palestinians win a vote at the united nations. it's a vote that gives them a state up grade and is being seen as a possible step towards official statehood. it had been planned before eight days of fighting erupted in gaza. 138 countries voted yes. 41 abstained. only nine voted against the status change. leaving the no votes for israel and...
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higher medicare spending, higher retirement spending, and especially something we have to get used to and we're going to have to bump up the share of the economy, that is, from the government because that's the way we're going to have to live if we want to take care of the elderly. mark, is that a reality? does that mean higher -- i'm sorry, lower long-term growth rates for the economy? >> well, yeah. i mean, two things. one is it's right that because of the aging of the population, all else being equal, government spending as a share of gdp will rise because as definition the elderly will be using medicare and social security. but that's not the biggest part of the increase in what's going on in medicare and medicaid and social security. it's really the growth in health care costs. so, if we can control that and bring that rate down, then we'll be fine. we'll be okay. but you're right about the economy. the broader economy. because in the aging of the population, and people retiring, the rate of growth in the labor force is going to slow. it already is slowing and the underlying grow
higher medicare spending, higher retirement spending, and especially something we have to get used to and we're going to have to bump up the share of the economy, that is, from the government because that's the way we're going to have to live if we want to take care of the elderly. mark, is that a reality? does that mean higher -- i'm sorry, lower long-term growth rates for the economy? >> well, yeah. i mean, two things. one is it's right that because of the aging of the population, all...
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committee acknowledged quite openly as bad politics for he and democrats to say we are going to cut medicare beneficiaries. he then went on and i think in the end, you can't be president and not be a realist. he said isn't tenable to not cut them because they are driving the budget deficit. the whole entitlement issue is the real core of this problem. a taxing issue, yes. the pyrotechnics. there's the struggle between the republican and democratic view. they all know it's the entitlement issue. so if you, but some some sort of fix, trajectory to make it somehow stable is the real issue. you have something from the boat. >> your books are ultimately about the power, how it's used, squandered, built spirits of the subtext of these events is how life works. and my favorite sentence in the price of politics is when you meet friends -- need friends comments to late to make them. tell us what she learned about washington and life in the grand bargain. what is a hundred your lesson from how bad unravels? >> evening would have been last year? they found a way to postpone everything. again, they can
committee acknowledged quite openly as bad politics for he and democrats to say we are going to cut medicare beneficiaries. he then went on and i think in the end, you can't be president and not be a realist. he said isn't tenable to not cut them because they are driving the budget deficit. the whole entitlement issue is the real core of this problem. a taxing issue, yes. the pyrotechnics. there's the struggle between the republican and democratic view. they all know it's the entitlement issue....
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it includes patches to medicare formulas. patches to social security formulas. so this is a huge mess of issues. we're not even talking about those issues yet. congressional negotiators and the white house aren't talking about these huge host of other issues that are on the table. the thought is if they can get past tax rates and spending cuts, then they will be able to deal with the peripheral issues. but we don't have much time. if a deal isn't reached or a framework isn't reached in the next week or, so it's going to be a big problem. >> all right, thanks for that. good to see you. > >>> nokia -- we'll tell you more when we come back in a few moments. [ male announcer ] this december, remember -- ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actually like something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this he pursuit of perfection. >>> a recap of the headlines today. the fiscal fight rages on in washington as the repub
it includes patches to medicare formulas. patches to social security formulas. so this is a huge mess of issues. we're not even talking about those issues yet. congressional negotiators and the white house aren't talking about these huge host of other issues that are on the table. the thought is if they can get past tax rates and spending cuts, then they will be able to deal with the peripheral issues. but we don't have much time. if a deal isn't reached or a framework isn't reached in the next...